Computers and Technology, 11.10.2020 23:01 joel4676
Code a program that asks the user for a bank savings account balance and an annual interest rate that is paid to the account. You are to display what the balance will be after one year, after two years, and after three years. We can assume that the interest compounds annually (no need to ask for compounding criteria or use the natural number for continuously compounding interest, whew!) If the balance after adding the interest paid to the user exceeds $1000 then let the user know that they are now a silver bank club member. If it exceeds $5000 then let the user know that they are now a gold bank club member. If it exceeds $10000 then let the user know that they are now a platinum bank club member. If they qualify for any of these exclusive member statuses then you should tell them by how much they are exceeding the minimum balance for that status.
The interest rate will need to be input whole numbers (ex: 15), but *hint* remember that you will need to divide by 100 to obtain the rate expressed as a decimal.
A- The structure of the program must follow the sample programs provided in the text.
B- The program will need to provide clear, explicit instructions.
C- The program will need to display clear statements for the balance and exceeding amount for the exclusive club status for each year.
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